General
eTranzact Throws Party for Outgoing Chairman Felix Ohiwerei
By Modupe Gbadeyanka
Leading provider of mobile banking and payment services, eTranzact International Plc, over the weekend organised a dinner party to celebrate its pioneer and out-going chairman, Mr Felix Ohiwerei, who has distinguished himself as a leader worthy of emulation.
The celebration which was in grand style and well attended by the board, management and staff of eTranzact, friends and stakeholders in the e-payment industry, was held at Oriental Hotel, Victoria Island, Lagos, on Friday, February 9, 2018.
It was an evening of music, fun, networking and sharing of ideas, a pleasurable moment where the life and achievements of the celebrant was shared. Members of the board of the company also highlighted the contributions of Mr Ohiwerei to the development of the organization.
Speaking at the event, Mr Valentine Obi, Founder/Chief Executive Officer, eTranzact, said the exemplary life of Mr Ohiwerei, his goodwill, strong commitment to innovation and creativity was a major factor that fostered the success recorded by the organization over the years.
Mr Obi further affirmed that Mr Ohiwerei was a source of encouragement and inspiration that triggered him to move ahead in the early days of his business.
“He has mentored me in many ways and l pray that God should keep him, so that l can learn more from him,” he stated.
He attributed Mr Ohiwerei’s enviable qualities to his series of trainings and self-discipline, which has earned him the reputation garnered as the chairman of the company and also in the e-payment industry.
A member of the Board of Directors of the firm, Mr Wole Abegunde, testified to the good qualities of the celebrant, his intelligent ideas that has left many amazed and has been the bedrock of the numerous achievements made by eTranzact.
In his response to the accolades showered on him, Mr Ohiwerei commended eTranzact for honouring him and prayed that the virtues he left behind should be sustained.
He said “with profound gratitude, l laud Mr Obi and the management of the company for their concern in appreciating the innovative and creative ideas l introduced in ensuring that eTranzact remains the leader in e-payment in the country.”
Mr Ohiwerei, who hails from Uzebba in Owan Local Government of Edo State, has had a distinguished business career, both locally and internationally with vast knowledge of the terrain he operates.
He attended University College, Ibadan (now University of Ibadan) and holds an Honorary Doctor of Laws Degree (LL.D) from the same institution. He is a Fellow, Nigerian Marketing Association; Fellow, Geography Society of Nigeria; Fellow, Institute of Directors; and Fellow, Advertising Practitioners Council of Nigeria.
He is also a recipient of the Zik’s Prize in Leadership Award, the Order of Orange Nassau by the Queen of the Netherlands and Officer of the Federal Republic of Nigeria (OFR) among other recognitions.
The e-payment company which was established in September 2003 has evolved into a brand with global reach extending its innovative services to include products which cut across virtually all aspects of the e-payment platform such as Mobile, Web, ATM, and Point of Sales (POS) terminals.
eTranzact currently partners and has real-time connection with over 50 commercial banks and 350 microfinance Institutions across Africa.
They are also a leading Third-Party Processor (TPP) for MasterCard in Africa, and a major MTO hub in Africa, providing secure, convenient and low cost local and International funds remittance program in the continent.
It currently has operations in Nigeria, South Africa, and Ghana with cutting-edge solutions based on security, convenience and affordability.
General
Nigeria Eyes Stronger Diplomatic Ties in Sustainable Development
By Adedapo Adesanya
Nigeria is eyeing stronger diplomatic and strategic ties when it comes to sustainable development as it participates in the 2026 edition of Abu Dhabi Sustainability Week (ADSW).
President Bola Tinubu arrived in Abu Dhabi, United Arab Emirates (UAE), on Sunday. His plane landed at the Presidential Wing of Zayed International Airport at exactly 11:30 pm local time.
He was received by Sheikh Shakhboot Nahyan Al Nahyan, UAE Minister of State for Foreign Affairs; the UAE Ambassador to Nigeria, Salem Saeed Al-Shamsi; Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar; and members of the Nigerian diplomatic mission in Abu Dhabi.
Several other ministers, including the Minister of Budget and Planning, Mr Atiku Bagudu; the Minister of Industry, Trade and Investment, Mrs Jumoke Oduwole; and the Director-General of the National Intelligence Agency, Mr Mohammed Mohammed, welcomed President Tinubu at his hotel.
President Tinubu arrived in Abu Dhabi from Europe, where he spent part of his end-of-year break, engaging in fruitful discussions with Rwandan President Paul Kagame and French President Emmanuel Macron, according to a statement by the presidency.
The 2026 Abu Dhabi Sustainability Week, with the theme The Nexus of Next, All Systems Go, is a global platform that brings together world leaders, policymakers, investors, and experts to advance dialogue and action on sustainable development, climate action, energy transition, and inclusive economic growth.
This visit further reinforces the strong diplomatic and economic ties between Nigeria and the United Arab Emirates (UAE), while positioning Nigeria as an active contributor to global conversations on sustainable development.
General
SERAP in Court to Force INEC to Account for N55.9bn for 2019 Elections
By Modupe Gbadeyanka
The failure of the Independent National Electoral Commission (INEC) to account for about N55.9 billion earmarked for the purchase of some materials for the 2019 general elections has forced the Socio-Economic Rights and Accountability Project (SERAP) to file a lawsuit against the commission.
In the suit number FHC/ABJ/CS/38/2026 filed last Friday at the Federal High Court in Abuja, SERAP asked the court for an order of mandamus to compel INEC to disclose the names of all contractors paid the sum of money.
It was claimed that the N55.9 billion was meant for the purchase of smart card readers, ballot papers, result sheets and other election materials for the 2019 general elections, which produced the late Mr Muhammadu Buhari as President for a second term in office.
SERAP is relying on the latest annual report published by the Auditor-General on September 9, 2025, to ask for the use of the funds, which is said to be missing or diverted.
The organisation argued that the electoral umpire “must operate without corruption if the commission is to ensure free and fair elections in the country and uphold Nigerians’ right to participation.”
“INEC cannot ensure impartial administration of future elections if these allegations are not satisfactorily addressed, perpetrators including the contractors involved are not prosecuted and the proceeds of corruption are not fully recovered,” a part of the statement issued by the group stated.
“INEC cannot properly carry out its constitutional and statutory responsibilities to conduct free and fair elections in the country if it continues to fail to uphold the basic principles of transparency, accountability and the rule of law.
“These allegations also constitute abuse of public office and show the urgent need by INEC to commit to transparency, accountability, clean governance and the rule of law,” it further declared.
General
Finance Ministry Directs Shippers, Airlines to Submit Manifests via Single Window Project
By Adedapo Adesanya
The Ministry of Finance has directed all shipping companies and airlines operating in Nigeria to submit their manifests through the Single Window Project (SWP) as part of efforts to strengthen cargo tracking and transparency.
The submission of shipping manifests before the change of policy was handled exclusively by the Nigeria Customs Service (NCS) for onward cargo processing and port clearance.
However, following a memo from late last year signed by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, all shipping firms and airlines were directed to integrate with the National Single Window platform to ensure seamless Manifests submission.
“I would like to bring to your attention that His Excellency, President Bola Ahmed Tinubu inaugurated the National Single Window (NSW) Project on the 16th of April 2024.
The NSW Project aims to streamline and automate import and export processes at Nigeria’s entry & exit ports, with the dual goals of enhancing trade facilitation and increasing government revenue.
“By integrating the operations of multiple government agencies involved in trade processes on one platform, the NSW platform will ensure faster clearance of goods and services, improve operational efficiencies at the imports and significantly reduce bureaucratic bottlenecks.
“Key components of the Single Window as defined by the World Trade Organisation (WTO) and World Customs Organisation (WCO) include: (a) a single-entry point i.e. traders, shipping lines, airlines and other stakeholders should submit all required import and export documentation through a single-entry point on a centralized digital platform, and (b) single submission i.e. all documentation should only be submitted once and data only entered once.
“As a result, the NSW Platform will be the single-entry point of submission for all Sea and Air Manifests. Therefore, all shipping lines and airlines are therefore directed to integrate with the NSW Platform to ensure seamless Manifests submission,” parts of the memo read.
The Comptroller-General of the NCS, the chairman of the Nigerian Revenue Service (NRS), the Managing Director of the Nigerian Ports Authority (NPA), the Managing Director of the Federal Airports Authority of Nigeria (FAAN) and the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) were copied in the memo.
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